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The Green Paradox of Thrift

The Green Paradox of Thrift. Using the Economic Crisis to Move Towards a Sustainable Economy. Molly Scott Cato Professor of Strategy and Sustainability Roehampton Business School. The Last Great Depression. Failure of aggregate demand Repayment of debts Failure of lending and borrowing

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The Green Paradox of Thrift

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  1. The Green Paradox of Thrift Using the Economic Crisis to Move Towards a Sustainable Economy Molly Scott Cato Professor of Strategy and Sustainability Roehampton Business School

  2. The Last Great Depression • Failure of aggregate demand • Repayment of debts • Failure of lending and borrowing • Recessionary spiral: ‘the death spiral’

  3. The view from No. 10

  4. The full picture

  5. CO2 emissions associated with UK consumption 1990 to 2009 (Defra)

  6. The Myth of Decoupling:CO2 intensity of GDP across nations

  7. Carbon Intensities Now and Required to Meet 450 ppm Target

  8. Farewell to Thrift • ‘the whole system of an increasing productivity, plus inflation, plus a rising standard of material living, plus high-pressure advertising and salesmanship, plus mass communications, plus cultural democracy and the creation of the mass mind, the mass man’ • J. B. Priestley, 1955

  9. Growing Inequality

  10. Climate change is a class issue

  11. Find out more www.greeneconomist.org gaianeconomics.blogspot.com Green Economics: An Introduction to Theory, Policy and Practice (Earthscan, 2009) The Bioregional Economy: Land, Liberty and the Pursuit of Happiness (Earthcan, 2012)

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